Tag Archives: Business Week

Will Time Warner sell Time magazine?

Reuters is reporting, originally via BusinessWeek, that Time Warner Inc  will eventually sell the Time Inc magazine unit and could buy holdings in its core entertainment category – according to Gordon Crawford, managing director of its largest shareholder.

“Time Warner just spun off their cable division, they are going to sell their print division, they are going to spin off AOL and they’re just going to be Warner Brothers, HBO and the Turner Networks,” said Crawford, managing director of The Capital Group during a roundtable discussion at the USC Annenberg School for Communications.

Meanwhile, Peter Kafka of All Things Digital suggests that Crawford might not be right:

“[H]ere’s the thing: The body language from Time Warner executives in recent months makes me think they intend to keep at least part of their magazine business in the family. More than body language, actually: ‘Time Warner without People? I can’t imagine it,’ one well-placed Time Warner official told me recently.”

Time: Is business journalism ‘a vanishing necessity’?

Belinda Luscombe reflects on this week’s announcement that Business Week is up for sale – the latest blow to business journalism.

“Business Week is being crushed by the story it spends so much time covering. The category’s core advertisers – financial services, automotive and business-to-consumer types – have borne the brunt of the recession. And all advertisers now have many more outlets in which to spread their spending. More magazines are covering business, and there are dozens of newer, cheaper digital players on the block,” she writes.

“So while ad pages are plummeting for all magazines, they’re flirting with terminal velocity for business titles.”

Full article at this link…

WSJ Digits blog: How Business Week is using Twitter’s API

Business Week has synced comments on its social-networking site, launched last year, with Twitter, using the microblogging service’s API.

Users of Business Exchange are being asked to leave comments of 120 characters, which will then be posted to their Twitter account with a link to the site.

Full post at this link…